Mayville Engineering Company Inc (MEC)

NYSE · Industrials · Metal Fabrication · USA

Mayville Engineering Company Inc is a small cap company (market value between $300 million and $2 billion) in the Metal Fabrication industry.

Mayville Engineering Company is a U.S.-based manufacturer offering design, prototyping, fabrication, aluminum extrusion, coating, assembly and aftermarket components to original equipment manufacturers. The company serves customers across industries such as commercial vehicles, construction and access equipment, powersports, data center infrastructure, agriculture, and military through facilities distributed across multiple states.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Mayville Engineering Company Inc stock.

Our verdict on MEC

Overvalued: intrinsic value $5.04 per share, market price $13.89, margin of safety -175.5% (as of 2026-10-20).

Its through-the-cycle earnings (3.0% median margin), capitalised at 11.8% with no growth, values the shares at $5.04; the price of $13.89 is 176% above that value.

Leak Score: 36/100 on 8 of 12 signals (On Watch).

ETFs with the most weight in MEC

17 more funds hold it; the full list is part of the paid plan.

More on MEC

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Peers in Metal Fabrication

All 18 Metal Fabrication stocks

Cheaper than MEC in Metal Fabrication

1 more in this industry show a wider margin of safety.

Is MEC undervalued or overvalued?

MEC is overvalued (as of the 2026-10-20 close). Its through-the-cycle earnings (3.0% median margin), capitalised at 11.8% with no growth, values the shares at $5.04; the price of $13.89 is 176% above that value.

What is the intrinsic value of MEC?

$5.04 per share (as of the 2026-10-20 close), against a market price of $13.89. That is a margin of safety of -175.5%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Mayville Engineering Company Inc's Leak Score?

36 out of 100, which we rate "On Watch", on 8 of 12 value investing signals.